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Exercise 21-2 Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $13 and $26, respectively. Because

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Exercise 21-2 Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $13 and $26, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2017 are as follows. Unit Sales Product Quarter 1 Quarter 2 xQ-103 XQ-104 22,470 13,200 27,190 17,530 No changes in selling prices are anticipated Prepare a sales budget for the 2 quarters ending June 30, 2017. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total EDINGTON ELECTRONICS INC. Sales Budget Quarter1 Selling Price Six Months Quarter 2 Selling Price Product Units Total Sales Units Total Sales Units Selling Price Total Sales XQ-103 XQ-104 Totals LINK TO TEXT VIDEO: APPLIED SKILLS

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